The Union Budget 2026 has introduced tougher measures to address inaccurate reporting of crypto asset transactions. Finance Minister Nirmala Sitharaman has prop ...
The Finance Bill, 2026 converts key penalties for audit and reporting delays into mandatory fees. The shift aims to reduce disputes by replacing discretionary penalties with predictable, capped ...
The Finance Bill, 2026 proposes extending the revised return filing window to twelve months. This gives taxpayers more time to correct mistakes, even after filing belated ...
All eyes are on Part B (taxes) of FM Nirmala Sitharaman’s Budget speech today. This is where the announcements that affect ...
Capgemini has announced to sell its US subsidiary Capgemini Government Solutions. The French tech company, according to a ...
Non-reporting of crypto transactions will incur a daily penalty of ₹200, as proposed in the Union Budget amendments.
The Finance Bill introduces penalties for delayed or inaccurate crypto transaction reporting, including a ₹200-per-day fine and a ₹50,000 penalty for uncorrected errors ...
The Union Budget 2026 may not have delivered sops for the country’s emerging cryptocurrency sector, but it has sent a clear ...
Finance Bill 2026 proposes penalty of Rs 200 per day for non-furnishing of statement, Rs 50,000 for inaccurate particulars, failure to correct.
A fine of Rs 200 per day was introduced under Income-tax Act, 2025 for not disclosing income statement for virtual digital assets (VDA). Additionally, penalty of Rs 50,000 will be levied for ...